Charitable Trust Registration Rejected on Technicality? ITAT Agra rules CIT(E) must allow rectification for wrong clause application (12A) and restore for fresh merit-based review and hearing.
Holding the tolerance band as a remedial measure, the Tribunal applied it retrospectively to avoid hardship where stamp duty and actual sale values differ by less than 10%.
The Income Tax Appellate Tribunal (ITAT), Agra bench, set aside the Commissioner of Income-tax (Appeals)’s order confirming an addition of ₹1,23,10,312/- in the case of Ashok Kumar Goyal v. DCIT.
ITAT Agra condoned a 9-day delay in filing an appeal for AY 2017-18, setting aside the CIT(A)’s ex parte dismissal. The Tribunal prioritized substantial justice over technicalities.
ITAT Agra set aside a rejection of a charitable trust’s 12AB registration application, ruling that a clerical error in citing the correct IT Act section cannot be a ground for denial.
Agra ITAT confirms deletion of Rs. 6.77 Cr addition u/s 68, ruling the scrap trader’s bank credits were fully explained by GST, loans, VAT refund, and internal transfers, backed by evidence.
The Income Tax Appellate Tribunal in Agra has deleted a tax addition against Ankur Rice Industries Pvt. Ltd., ruling that salary payable is a genuine business liability.
The Income Tax Appellate Tribunal (ITAT) Agra Bench ruled that an appeal cannot be dismissed under Section 249(4)(b) for non-payment of advance tax if the assessee’s income is below the taxable threshold.
ITAT Agra rules AO’s failure to verify source of Rs.20 lakh property investment makes assessment order erroneous, upholding PCIT’s revision powers under Section 263.
Agra ITAT directs the AO to tax a private family trust at normal rates, not the MMR, after finding the trust’s incorrect tax form was a bona fide error.
